Crazy Horse Completes Transaction With Regent
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/22/13 -- Crazy Horse Resources Inc. (TSX VENTURE: CZH) (the "Company") announced on May 15, 2012 that it had engaged the services of Regent Advisors LLC ("Regent") to advise the Company with respect to a potential buyer or joint venture partner for its Taysan Copper-Gold Project located on Luzon Island, Philippines. Under the terms of the engagement, which commenced effective April 1, 2012, the Company agreed to pay Regent a cash success fee equal to 1.5% of the transaction value. As an advance toward such fee, the Company agreed to pay an engagement fee of US$50,000 per month, for up to six months, payable in common shares of the Company at the 20-day volume weighted average price (VWAP) calculated on the last trading day of the calendar month in which services were provided.
The Company has settled its obligations under its agreement with Regent and issued the following shares to Regent:
ON BEHALF OF THE BOARD OF CRAZY HORSE RESOURCES INC.
Mitchell Alland, Executive Chairman
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Contacts:
KIN Communications Inc.
Investor Relations
1-866-684-6730
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Datum: 22.04.2013 - 22:00 Uhr
Sprache: Deutsch
News-ID 251537
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contact information:
Town:
VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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"Crazy Horse Completes Transaction With Regent"
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